Bayer corporation, the Germany based company acquired Monsanto, the North American outlet of acrylonitrile butadiene styrene (ABS). Bayer is a supplier of engineering resins in automotive and medical market with this acquisition of ABS it has a position of one of the leading players in the resins market. The company does not have an ABS manufacturing plant in Europe but now with this acquisition in North America, it can export to other countries.

In this acquisition, Bayer Corp. has an automotive tech center in Auburn Hills, a manufacturing facility of port plastics in Addyson, and a center of applications development in Springfield, MA. Monsanto operated plants for Bayer are in LaSalle, Quebec, and Muscatine, IA.

Before the deal, Bayer didn’t have manufacturing facilities for ABS but seeing the increase in sales of cars all over the world and growth of the automobiles market in developing nations. After North America now it may acquire ABS plants in Thailand, a polycarbonate plant in China and a TPU plant in India.

The company can lose its share in automobile market due to its high cost and a threat from its substitute polypropylene.

Bayer claims that with this deal it will offer its customers a wide range of products and services which will include Bayblend PC, Makroblend PD, Makrolon polycarbonate, Texin thermoplastic polyurethane and Apec high-heat polycarbonate.

Company now aims to increase its customer base in countries across the globe and wants to be a leading player among ABS manufacturers and suppliers.

ABS has applications in construction, automotive, aircraft, agriculture, aerospace, electronics, packaging, food and food services, footwear, textiles, pharmaceuticals and medical markets because of its high resistant, inflammable and soluble properties.

The company currently delivers products of consumer, medical and animal healthcare, Agriculture products includes seeds, fungicides, herbicides, and insecticides and high tech materials such as coatings, adhesives, polycarbonates, polyurethanes, and thermoplastic polyurethanes. It is widely recognized for its services in Information Technology services in sectors like IT Infrastructure and applications, procurement and logistics, human resources and management, finance and accounting services, technology services such as product development, project management and engineering and offers operations and safety support for manufacturing plants, and other areas like training and development, securities, and analytics.

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Bayer Corp. to boost plastic sales by acquisition of Monsanto Acrylonitrile Butadiene Styrene (ABS) Production , 4.0 out of 5 based on 5 ratings